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Stock market today: Wall Street falls after profit warnings, strong economic data

Stock market today: Wall Street falls after profit warnings, strong economic data

NEW YORK (AP) — Wall Street fell in mixed trading after some big-name companies warned about an uncertain global economy hitting their upcoming profits. Reports also showed Thursday that the U.S.
Rogers shuts down CityNews Ottawa radio station, lays off newsroom staff

Rogers shuts down CityNews Ottawa radio station, lays off newsroom staff

Rogers Communications Inc. is closing its CityNews Ottawa radio station and laying off newsroom staff, citing dwindling audiences and regulatory challenges.
US economic growth accelerated to strong 4.9% rate last quarter as consumers shrugged off Fed hikes

US economic growth accelerated to strong 4.9% rate last quarter as consumers shrugged off Fed hikes

WASHINGTON (AP) — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace.
Doug Ford, François Legault call for swift end to St. Lawrence Seaway strike

Doug Ford, François Legault call for swift end to St. Lawrence Seaway strike

The premiers of Ontario and Quebec are calling on both sides in the St. Lawrence Seaway strike to reach a deal right away, saying the shutdown of the vital trade artery risks significant harm to the region's economy.
'A sculpture garden': acclaimed artist to design Calgary museum terrace

'A sculpture garden': acclaimed artist to design Calgary museum terrace

CALGARY — A globally recognized artist is to design the rooftop terrace for the Glenbow Museum in Calgary. The 13,000-square-foot terrace will be housed at the JR Shaw Centre for Arts and Culture.
Home sales, prices will likely fall in short term but pick up next spring: TD report

Home sales, prices will likely fall in short term but pick up next spring: TD report

TORONTO — A new report by TD Economics predicts Canadian home sales and average prices will fall over the coming months but pick up by the second quarter next year.
Europe's central bank halts rate hikes as war in the Middle East casts a shadow over the economy

Europe's central bank halts rate hikes as war in the Middle East casts a shadow over the economy

FRANKFURT, Germany (AP) — The European Central Bank left interest rates unchanged Thursday for the first time in over a year as the Israel-Hamas war spreads even more gloom over already downbeat prospects for Europe’s economy.
Financial advice from AI may be educational but not holistic, experts say

Financial advice from AI may be educational but not holistic, experts say

TORONTO — As an experiment, Kelley Keehn asked ChatGPT to suggest a financial plan for a small Canadian family.
Competition Bureau and Global Fuels agree to address Greenergy deal concerns

Competition Bureau and Global Fuels agree to address Greenergy deal concerns

OTTAWA — The Competition Bureau says it has reached a deal with Global Fuels Inc. to address concerns over the company's deal to buy Greenergy's Canadian retail fuel business.
Weekly applications for US jobless benefits tick up slightly

Weekly applications for US jobless benefits tick up slightly

NEW YORK (AP) — The number of Americans applying for jobless benefits rose last week but remains historically low as the labor market continues to show strength amid high interest rates and inflation.